🎵MeMusic

Official Whitepaper, last updated April 2024

Reshaping the Value Flow in the Audio Industry

Our Motive

MeMusic's motive is to bring balance to the lopsided music industry. The industry is a growing, multi-billion dollar industry with an unfair revenue distribution. However, unlike other industries, artists only capture about 10~12% of the revenue generated in the industry. Furthermore, the end-users (consumers) of the service receive no compensation or rewards. In the crypto market, there has been a surging interest in rewarding users through entertainment. While there are different industry + reward (finance) combinations such as GameFi or SocialFi, there has not been an approach to a tokenized combination of Audio (Music, Podcasts, Audiobooks) and Finance.

Our main aim is building an inclusive, end-to-end platform that provides a multitude of services leveraging blockchain and artificial intelligence to various industry participants including but not limited to: artists, distributors, agencies, and publishers.